KIMORA’S KOMEBACK: The Fab Lane is back in service. After focusing on her online, mass fashion venture JustFab for the last few years, Kimora Lee Simmons resurfaced in fashion’s inner circle in October, appearing at FIT with the news of the $1 million Kimora Lee Simmons Scholarship Fund in partnership with the Rush Philanthropic Arts Foundation, which was founded by her ex-husband Russell Simmons and his brothers Danny and Joseph “Rev. Run”. The scholarship will be distributed to the Fashion Institute of Technology (FIT), the Fashion Institute of Design & Merchandising (FIDM) and Rush Teens. Now comes more fashion news from the former creative director of Baby Phat: She’s launching a new brand KLS Kimora Lee Simmons, a designer women’s collection that will launch with pre-fall next week in New York.